He pointed to the Republic’s 14.7 per cent economic growth in 2010 – thanks to a boost from the tourism and manufacturing sector – and said that the Ministry of Trade and Industry’s forecast of 4 to 6 per cent growth in 2011 is not bad for a mature economy like Singapore, reported Channel NewsAsia.

“To keep this going at this stage, we need several things,” said Mr Lee, who was speaking at the annual Tanjong Pagar Lunar New Year dinner.

“First, stability and confidence of investors. Stability means everybody is satisfied and acts like a good reasonable citizen, he owns his own home, he has got a good job, his children are going to good schools, polytechnics, universities, ITE,” said Mr Lee.

He continued, “All races are given equal treatment, all use the English language, it is a common platform, nobody gets an advantage and it is also the language which has enabled us to connect to the world and get investments in.”

One specific factor that will help Singapore achieve further progress is providing children with better schools and teachers, he noted.

Mr Lee added, “Fair play enables harmony to be maintained. On that basis, we will continue to do well for many, many more years and our children will grow up in one of the most safe, secure and prosperous countries in this part of the world, if not the whole world.”

He pointed to the Republic’s 14.7 per cent economic growth in 2010 – thanks to a boost from the tourism and manufacturing sector – and said that the Ministry of Trade and Industry’s forecast of 4 to 6 per cent growth in 2011 is not bad for a mature economy like Singapore, reported Channel NewsAsia.

“To keep this going at this stage, we need several things,” said Mr Lee, who was speaking at the annual Tanjong Pagar Lunar New Year dinner.

“First, stability and confidence of investors. Stability means everybody is satisfied and acts like a good reasonable citizen, he owns his own home, he has got a good job, his children are going to good schools, polytechnics, universities, ITE,” said Mr Lee.

He continued, “All races are given equal treatment, all use the English language, it is a common platform, nobody gets an advantage and it is also the language which has enabled us to connect to the world and get investments in.”

One specific factor that will help Singapore achieve further progress is providing children with better schools and teachers, he noted.

Mr Lee added, “Fair play enables harmony to be maintained. On that basis, we will continue to do well for many, many more years and our children will grow up in one of the most safe, secure and prosperous countries in this part of the world, if not the whole world.”